German submarine deal deemed detrimental for Algoma Steel
The bid by Algoma Steel in Sault Ste. Marie, Ontario, for a significant federal submarine contract was unsuccessful. Prime Minister ...
Tag: Algoma
Algoma Steel secures $345M from South Korean shipbuilder
Algoma Steel has entered a memorandum of understanding with South Korean shipbuilder Hanwha Ocean, potentially allowing the construction of a ...
Algoma Steel to Cut 1,000 Jobs Despite Government Funding
In September, the Canadian federal and Ontario governments announced a combined $500 million in loans to Algoma Steel to support ...
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